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Wednesday, February 20, 2008

Highest monetary denominations ever!!!

We take a break from our busy day to bring you some hilarious financial trivia. By the way, even in those trying times, innovative business people never collapsed! Below are pictures of the highest monetary denominations which I have come across. If anyone know other interesting notes I have left out, please let me know.



Greece: 100,000,000,000 (100 Billion) Drachmai, in 1944



Germany: 100,000,000,000,000 (100 Billion) Mark, in 1923


Serbian Republic: 50,000,000,000 (50 Billion) Dinara, in 1993


Turkey: 20,000,000 (20 Million) Lira in 2000




Yugoslavia: 10,000,000,000 (10 Billion) Dinara, in 1993


Yugoslavia: A 500,000,000,000 (500 billion) Yugoslav dinar banknote circa 1993.
I am sure this is the largest denomination ever printed!


This is currently the biggest note in circulation right now. It is equivalent to about US$1. Zimbabwe is currently experiencing hyper-inflation.

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